Views Of High End Retail Stores As Retreating China Consumer Confidence Fades to Summer 2012 Lows

Views Of High End Retail Stores As Retreating China Consumer Confidence Fades to Summer 2012 Lows

General Views Of Shanghai's Economy

Bloomberg

Clothes are displayed on a mannequin at a Burberry store, operated by Burberry Group Plc, in Shanghai, China, on Tuesday, July 2, 2013. Banks including Goldman Sachs Group Inc. have pared their growth projections for China this year to 7.4 percent, below the government's 7.5 percent goal disclosed at the March conference at which Li Keqiang became premier. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

Clothes are displayed on a mannequin at a Burberry store, operated by Burberry Group Plc, in Shanghai, China, on Tuesday, July 2, 2013. Banks including Goldman Sachs Group Inc. have pared their growth projections for China this year to 7.4 percent, below the government's 7.5 percent goal disclosed at the March conference at which Li Keqiang became premier. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

General Views Of Shanghai's Economy

Bloomberg

A pedestrian walks past a Cartier store, operated by Cie. Financiere Richemont SA, as it stands illuminated at night in Shanghai, China, on Tuesday, July 2, 2013. Banks including Goldman Sachs Group Inc. have pared their growth projections for China this year to 7.4 percent, below the government's 7.5 percent goal disclosed at the March conference at which Li Keqiang became premier. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

A pedestrian walks past a Cartier store, operated by Cie. Financiere Richemont SA, as it stands illuminated at night in Shanghai, China, on Tuesday, July 2, 2013. Banks including Goldman Sachs Group Inc. have pared their growth projections for China this year to 7.4 percent, below the government's 7.5 percent goal disclosed at the March conference at which Li Keqiang became premier. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

General Views Of Shanghai's Economy

Bloomberg

A woman enters the Mega Mills shopping mall, operated by The Outlet! Company, in Shanghai, China, on Tuesday, July 2, 2013. Banks including Goldman Sachs Group Inc. have pared their growth projections for China this year to 7.4 percent, below the government's 7.5 percent goal disclosed at the March conference at which Li Keqiang became premier. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

A woman enters the Mega Mills shopping mall, operated by The Outlet! Company, in Shanghai, China, on Tuesday, July 2, 2013. Banks including Goldman Sachs Group Inc. have pared their growth projections for China this year to 7.4 percent, below the government's 7.5 percent goal disclosed at the March conference at which Li Keqiang became premier. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

General Views Of Shanghai's Economy

Bloomberg

A shopper walks through the Mega Mills shopping mall, operated by The Outlet! Company, in Shanghai, China, on Tuesday, July 2, 2013. Banks including Goldman Sachs Group Inc. have pared their growth projections for China this year to 7.4 percent, below the government's 7.5 percent goal disclosed at the March conference at which Li Keqiang became premier. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

A shopper walks through the Mega Mills shopping mall, operated by The Outlet! Company, in Shanghai, China, on Tuesday, July 2, 2013. Banks including Goldman Sachs Group Inc. have pared their growth projections for China this year to 7.4 percent, below the government's 7.5 percent goal disclosed at the March conference at which Li Keqiang became premier. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

General Views Of Shanghai's Economy

Bloomberg

A woman walks through the Mega Mills shopping mall, operated by The Outlet! Company, in Shanghai, China, on Tuesday, July 2, 2013. Banks including Goldman Sachs Group Inc. have pared their growth projections for China this year to 7.4 percent, below the government's 7.5 percent goal disclosed at the March conference at which Li Keqiang became premier. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

A woman walks through the Mega Mills shopping mall, operated by The Outlet! Company, in Shanghai, China, on Tuesday, July 2, 2013. Banks including Goldman Sachs Group Inc. have pared their growth projections for China this year to 7.4 percent, below the government's 7.5 percent goal disclosed at the March conference at which Li Keqiang became premier. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

General Views Of Shanghai's Economy

Bloomberg

A shopper walks through the Mega Mills shopping mall, operated by The Outlet! Company, in Shanghai, China, on Tuesday, July 2, 2013. Banks including Goldman Sachs Group Inc. have pared their growth projections for China this year to 7.4 percent, below the government's 7.5 percent goal disclosed at the March conference at which Li Keqiang became premier. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

A shopper walks through the Mega Mills shopping mall, operated by The Outlet! Company, in Shanghai, China, on Tuesday, July 2, 2013. Banks including Goldman Sachs Group Inc. have pared their growth projections for China this year to 7.4 percent, below the government's 7.5 percent goal disclosed at the March conference at which Li Keqiang became premier. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

General Views Of Shanghai's Economy

Bloomberg

Power lines hang from transmission towers in Shanghai, China, on Tuesday, July 2, 2013. Banks including Goldman Sachs Group Inc. have pared their growth projections for China this year to 7.4 percent, below the government's 7.5 percent goal disclosed at the March conference at which Li Keqiang became premier. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

Power lines hang from transmission towers in Shanghai, China, on Tuesday, July 2, 2013. Banks including Goldman Sachs Group Inc. have pared their growth projections for China this year to 7.4 percent, below the government's 7.5 percent goal disclosed at the March conference at which Li Keqiang became premier. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

General Views Of Shanghai's Economy

Bloomberg

Shoppers browse in front of bottles of oil displayed at a store in Shanghai, China, on Tuesday, July 2, 2013. Banks including Goldman Sachs Group Inc. have pared their growth projections for China this year to 7.4 percent, below the government's 7.5 percent goal disclosed at the March conference at which Li Keqiang became premier. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

Shoppers browse in front of bottles of oil displayed at a store in Shanghai, China, on Tuesday, July 2, 2013. Banks including Goldman Sachs Group Inc. have pared their growth projections for China this year to 7.4 percent, below the government's 7.5 percent goal disclosed at the March conference at which Li Keqiang became premier. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

General Views Of Shanghai's Economy

Bloomberg

Bottles of imported wines are displayed for sale at a store in Shanghai, China, on Tuesday, July 2, 2013. Banks including Goldman Sachs Group Inc. have pared their growth projections for China this year to 7.4 percent, below the government's 7.5 percent goal disclosed at the March conference at which Li Keqiang became premier. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

Bottles of imported wines are displayed for sale at a store in Shanghai, China, on Tuesday, July 2, 2013. Banks including Goldman Sachs Group Inc. have pared their growth projections for China this year to 7.4 percent, below the government's 7.5 percent goal disclosed at the March conference at which Li Keqiang became premier. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

General Views Of Shanghai's Economy

Bloomberg

Cartons of China Mengniu Dairy Co. milk, center, are displayed for sale along with other brands at a store in Shanghai, China, on Tuesday, July 2, 2013. Banks including Goldman Sachs Group Inc. have pared their growth projections for China this year to 7.4 percent, below the government's 7.5 percent goal disclosed at the March conference at which Li Keqiang became premier. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

Cartons of China Mengniu Dairy Co. milk, center, are displayed for sale along with other brands at a store in Shanghai, China, on Tuesday, July 2, 2013. Banks including Goldman Sachs Group Inc. have pared their growth projections for China this year to 7.4 percent, below the government's 7.5 percent goal disclosed at the March conference at which Li Keqiang became premier. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

General Views Of Shanghai's Economy

Bloomberg

Cartons of China Mengniu Dairy Co. milk are displayed for sale at a store in Shanghai, China, on Tuesday, July 2, 2013. Banks including Goldman Sachs Group Inc. have pared their growth projections for China this year to 7.4 percent, below the government's 7.5 percent goal disclosed at the March conference at which Li Keqiang became premier. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

Cartons of China Mengniu Dairy Co. milk are displayed for sale at a store in Shanghai, China, on Tuesday, July 2, 2013. Banks including Goldman Sachs Group Inc. have pared their growth projections for China this year to 7.4 percent, below the government's 7.5 percent goal disclosed at the March conference at which Li Keqiang became premier. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

General Views Of Shanghai's Economy

Bloomberg

A pedestrian walks past a Cartier store, operated by Cie. Financiere Richemont SA, as it stands illuminated at night in Shanghai, China, on Tuesday, July 2, 2013. Banks including Goldman Sachs Group Inc. have pared their growth projections for China this year to 7.4 percent, below the government's 7.5 percent goal disclosed at the March conference at which Li Keqiang became premier. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

A pedestrian walks past a Cartier store, operated by Cie. Financiere Richemont SA, as it stands illuminated at night in Shanghai, China, on Tuesday, July 2, 2013. Banks including Goldman Sachs Group Inc. have pared their growth projections for China this year to 7.4 percent, below the government's 7.5 percent goal disclosed at the March conference at which Li Keqiang became premier. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

General Views Of Shanghai's Economy

Bloomberg

A sales clerk arranges clothing on display at a MaxMara store at night in Shanghai, China, on Tuesday, July 2, 2013. Banks including Goldman Sachs Group Inc. have pared their growth projections for China this year to 7.4 percent, below the government's 7.5 percent goal disclosed at the March conference at which Li Keqiang became premier. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

A sales clerk arranges clothing on display at a MaxMara store at night in Shanghai, China, on Tuesday, July 2, 2013. Banks including Goldman Sachs Group Inc. have pared their growth projections for China this year to 7.4 percent, below the government's 7.5 percent goal disclosed at the March conference at which Li Keqiang became premier. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

General Views Of Shanghai's Economy

Bloomberg

A handbag and shoes sit in a window display at a MaxMara store in Shanghai, China, on Tuesday, July 2, 2013. Banks including Goldman Sachs Group Inc. have pared their growth projections for China this year to 7.4 percent, below the government's 7.5 percent goal disclosed at the March conference at which Li Keqiang became premier. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

A handbag and shoes sit in a window display at a MaxMara store in Shanghai, China, on Tuesday, July 2, 2013. Banks including Goldman Sachs Group Inc. have pared their growth projections for China this year to 7.4 percent, below the government's 7.5 percent goal disclosed at the March conference at which Li Keqiang became premier. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

General Views Of Shanghai's Economy

Bloomberg

A sales clerk walks through a MaxMara store at night in Shanghai, China, on Tuesday, July 2, 2013. Banks including Goldman Sachs Group Inc. have pared their growth projections for China this year to 7.4 percent, below the government's 7.5 percent goal disclosed at the March conference at which Li Keqiang became premier. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

A sales clerk walks through a MaxMara store at night in Shanghai, China, on Tuesday, July 2, 2013. Banks including Goldman Sachs Group Inc. have pared their growth projections for China this year to 7.4 percent, below the government's 7.5 percent goal disclosed at the March conference at which Li Keqiang became premier. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

Keywords

Clothes are displayed on a mannequin at a Burberry store, operated by... News PhotoAsia,Burberry,Clothing,East Asia,Economy,Environment,Expense,Horizontal,Luxury,Retail,Shanghai,Shop,Shopping,WealthPhotographer BloombergCollection: Bloomberg 2013 BloombergClothes are displayed on a mannequin at a Burberry store, operated by Burberry Group Plc, in Shanghai, China, on Tuesday, July 2, 2013. Banks including Goldman Sachs Group Inc. have pared their growth projections for China this year to 7.4 percent, below the government's 7.5 percent goal disclosed at the March conference at which Li Keqiang became premier. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images